Search results for: 'Engineering Services Market'

The Southeast Asian building automation system (BAS) market is in its growth stage and presents a mixed bag of opportunities, which is marked by a high degree of regional variance with respect to market development and thus demand. This diversity necessitates customized solutions depending on the requirement of both the region and end user. The rap...

The building management system (BMS) market in the Gulf Cooperative Council (GCC) is witnessing the emergence of innovative technologies such as building information modeling (BIM) and 3D printing. These technologies are causing significant disruptions, influencing how buildings are managed and shifting roles away from traditional skills towards te...

30 Jun 2020  |  North America  |  Market Research

Global Building Automation Systems (BAS) Market, Forecast to 2026

Smart and Cognitive Building Solutions to Embrace IoT Integration, Propelled the Transformation from Traditional to Advanced Systems, Unleashing Higher Productivity and Actionable Insights, Increasing Energy Efficiency, and Enabling New Business Models

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The world building automation systems (BAS) market is poised to grow at a moderate CAGR of 3.4% for the period 2019–2026. The key factors for growth are energy efficiency requisites, energy conservation and favourable government initiatives, rising energy prices, and strict building codes, aiding BAS systems adoption. Regulatory drivers will have a...

10 May 2016  |  North America  |  Market Research

North American Energy Saving and Performance Contracting Market, Forecast to 2022

Growth Boost from Executive Orders (EOs) 13514 and 13693 in the USA and ecoEnergy Program in Canada Encouraging Energy-efficiency

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The market for energy saving contract and performance contracting in North America is expected to grow after 2015 due to policy initiatives towards performance contracting in both Canada and the United States. The United States accounts for a larger share in the market. This research service can be broadly segmented by type of contract namely energ...

21 Dec 2017  |  Global  |  Market Research

World Building Automation Systems (BAS) Markets, Forecast to 2022

Energy Efficiency Initiatives and Converging Technologies will Establish Mass Adoption of BAS solutions

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The global building automation systems (BAS) market is poised for healthy growth in the next five years. The key driving factors are growing use of internet of things (IoT) technology, the rising popularity of LED lights for utilization of energy efficiently, increased reliance on wireless technology, and concern for overall energy consumption in b...

The homes and buildings industry’s future is technology enabled. Recovery from the COVID-19 pandemic combined with decarbonization challenges will accelerate the use of digital building technologies. Heightened awareness about a safe and healthy environment will prompt the use of the internet of things (IoT), artificial intelligence (AI) applicatio...

23 Aug 2016  |  Europe  |  Market Research

European Heat Pumps Market

Technology Innovation and Shifting Customer Requirements Drive New Wave of Growth

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The European heat pumps market has matured considerably in recent years, presenting serious competition to traditional heating technologies. Countries such as France, Germany, Norway, and Sweden are among the most competitive and best established markets in Europe and will stay dominant throughout the forecast period. However, the next wave of gro...

New energy-efficient luminaires allow luminaires' manufacturers to tap into opportunities both in the replacement market and fresh installations. The European Union (EU) directives aid the growth of this market, supplemented by EU initiatives, partnerships, and funded technical pilot projects. These benefit the companies in this space to strategica...

Driven by technological advancements, cost reductions, and stringent EU regulations for improving energy efficiency in buildings, the HEMS and BEMS markets are collectively expected to cross $2 billion in revenue by 2018. Growing demand for an integrated solution for communication between sub systems or machine-to-machine interaction has made the m...